IAU

Gold and Silver

Gold and Silver: Look for Another Great Year in 2013

Gold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for ...
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Gold and Silver

2013 Outlook for Gold and Silver: Risk in Gold, the Devil’s Metal Shines

Gold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but ...
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Gold Bugs Better Consider S&P Gold Miner Profitability Warning Report

If you were told that gold miners were highly dependent on gold prices, you would probably respond immediately with a phrase that starts with "No" and ends with "Sherlock." This ...
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Gold Demand Drops in Q2 (GLD, IAU, GDX, GDXJ)

Compared with the second quarter of 2011, demand for gold fell 7% by a total of nearly 76 metric tons, to 990 metric tons, in the second quarter of 2012, ...
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Gold Losing Its Luster?

Since the beginning of May, gold futures prices have traded in an increasingly narrower band. The highs are trending lower, while the lows are trending higher. Given the continuing concern ...
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Gold, Oil Rising on Weak Dollar — and Something Else (USO, UGA, GLD, IAU, GDXJ, GDX)

We’ve already posted our opinions on the agreement which is expected to create a TARP-style program to prop up Europe’s weak banks. In our view, the proposal is not big ...
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Gold Reacts Badly to Fed Decision (GLD, IAU, GDX, GDXJ)

The SPDR Gold Shares ETF (AMEX: GLD) is off about -0.2% at $156.89 in a 52-week range of $143.97-$185.85. The iShares Gold Trust (AMEX: IAU) is off about -0.1% at ...
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Has Gold Moved From ‘Safe Haven’ To ‘Risk-On’?… Reading the Charts (GLD, IAU)

Paper money was supposed to be dead, the dollar was supposed to implode, and hyperinflation from all of the bailout money and deficit spending was supposed to eat us alive.  ...
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Running Out of Room to Store Gold Supplies (BCS, DB, JPM, BCO, GLD, IAU, HBC)

Demand for gold as a safe haven has driven demand for more places to store that gold. And it's getting harder more difficult to find that storage, resulting in a ...
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Currency Intervention’s Impact on the Price of Gold (GLD, IAU, FXF, ERO, DRR)

Currency traders really don't like governments to intervene in the global currency market. Such moves tilt the playing field in unexpected ways that can cause traders to unwind positions that ...
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Comex Raises Margin on Gold Again (CME, GLD, IAU, GDX, GDXJ)

Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) ...
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Risk On, Gold and Silver Off — A Little (GLD, IAU, SLV, SIVR, NEM, GG, ABX, GDX, GDXJ, SLV, DBS)

Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 ...
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Why Higher Gold Margins Do Not Matter to Gold Prices (CME, GLD, IAU, GDX, GDXJ)

Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its "normal review of ...
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Margin Requirements Changing in Gold & Silver? (GLD, IAU, SGOL, SLV)

The move up and the sudden move down in gold today has been almost impossible to ignore.  Gold was up more than $15.00 above $1,681.00 today, but now gold is ...
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Bernanke Discovers That Gold IS A Currency (GLD, SGOL, IAU, GDX, GDXJ, NEM, HMY)

The new gold rush is the same as the ultimate flight to quality... Rather than chasing dollars and getting great income of the United States bond market, gold continues to ...
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